(This story was corrected to show Khamenei is highest political authority. The government of the Islamic Republic must carefully preserve its boundaries with them.”, “Iran must not retreat a single step from national and revolutionary values.”. In the early 1990s, Setad confiscated about 750 hectares (1,853 acres) - the family's entire land holdings in the area. Leave a comment on our Facebook page or tweet us In a subsequent message, he said Setad disputes the Treasury's allegations and is "in the process of retaining U.S. counsel to address this matter." Ali Khamenei’s net worth estimate is $100,000 - $1M. Two Iranian foundations pressed Vahdat-e-Hagh to turn over her properties to them. He said the monarch led a truly opulent lifestyle - including owning an automobile collection that may have included 120 fancy vehicles. Setad gives him the financial means to operate independently of parliament and the national budget, insulating him from Iran's messy factional infighting. This entry was posted in National Security and tagged Ali Khamenei, Iran. The organization now holds a court-ordered monopoly on taking property in the name of the supreme leader, and regularly sells the seized properties at auction or seeks to extract payments from the original owners. Iran leader: Not worth talking to U.S., be careful with Europeans 2 Min Read FILE PHOTO: Iran's Supreme Leader Ayatollah Ali Khamenei speaks in Tehran September 14, 2007. Setad controls a charity. A complete picture of Setad's spending and income isn't possible. He ultimately obtained a judicial order that the property be returned to the son. The value of Iran's currency has plunged since then, while property values have soared. Court records documenting the property seizures that were reviewed by Reuters claim Katirai had collaborated with the prior government of the shah. "In the past six years, it has morphed into a business juggernaut that now holds stakes in nearly every sector of Iranian industry, including finance, oil, telecommunications, the production of birth-control pills, and even ostrich farming. Setad sent an appraiser to determine the property's current worth. But Setad refused to give it back unless the son offered a "khoms," a religious payment mandated under Islamic law, Nayyeri said. And there's the notice demanding she pay rent on her own apartment on the top floor. He has been a fierce critic of Israel, inciting to violence against the Jewish state. Several other Iranians whose family properties were taken over by Setad described in interviews how men showed up and threatened to use violence if the owners didn't leave the premises at once. November 11, 2013. The property was then worth about $10 billion. All told, Reuters was able to identify about $95 billion in property and corporate assets controlled by Setad. While Setad controls a charitable foundation, it’s not clear how much money goes to charity. she asked. According to TrendCelebsNow.com, famous World Leader Ali Khamenei's net worth is $1 Million - $5 Million. Most estimates put Iran's poverty level at somewhere between 30 and 40 percent, but last year, a member of the Iranian parliament's Economic Committee said that 80 percent of the country's population live below the poverty line. He is from Iran. Many of the newspaper ads found by Reuters also referred readers to a website for further information. "Each corner of that house is a memory for us," said Katirai's daughter. "The people who request the confiscation … introduce themselves as on the side of the Islamic Republic, and try to portray the person whose property they want confiscated as a bad person, someone who is against the revolution, someone who was tied to the old regime," said Hossein Raeesi, a human-rights attorney who practiced in Iran for 20 years and handled some property confiscation cases. While Iran has been buckling under the sanctions that have been crippling its economy, the country’s supreme leader is apparently enjoying the billions he has in the bank. She refused. Collin Anderson October 19, 2020 5:00 AM. Figures compiled by the United Nations office of the Baha'i International Community, a non-governmental organization, show that Setad was occupying 73 properties seized from its members as of 2003, the most recent data available. He would be assessed between 2 percent and 2.5 percent of the property's value for every year. © 2020 Celebrity Net Worth / All Rights Reserved, © 2015 Celebrity Net Worth / All Rights Reserved. The U.S. Embassy in Baghdad, Iraq, estimates that Iran's supreme leader, Ayatollah Ali Khamenei, owns assets worth about $200 billion. Khamenei has also been critical of Western states negotiating with his country over its nuclear program. "One even had his fist balled up one time to punch me," she said. This was not the only encounter the businessman's family has had with Setad. While Jews and Christians were recognized as religious minorities in the new constitution, Baha'is were not. Ali Khamenei Net Worth: Ali Khamenei is the Supreme Leader of Iran and a Shia Cleric who has a net worth of $500 thousand. information from the U.S. Treasury Department. Billions of dollars worth of land, houses, shops and other Baha'i belongings were seized in subsequent years by various Iranian organizations, including Setad, the organization overseen by Iran's Supreme Leader, Ayatollah Ali Khamenei. “With regard to America, no problem can be resolved and negotiations with it have nothing but economic and spiritual loss,” Khamenei wrote on his official website. The Iranian government did not respond to a request for comment. He said he hired a lawyer who advised him to pay the fee, which he reluctantly did last year. Minority report: Why Baha’is face persecution in Iran, Heideh Katirai, Iranian exile whose family property was seized by Setad, Pari Vahdat-e-Hagh, 82, whose Tehran apartment building was seized. The supreme leader also oversaw the creation of a body of legal rulings and executive orders that enabled and safeguarded Setad's asset acquisitions. But Setad's holdings of real estate, corporate stakes and other assets total about $95 billion, Reuters has calculated. The name refers to an edict signed by the Islamic Republic's first leader, Ayatollah Ruhollah Khomeini, shortly before his death in 1989. The Islamic Republic's 34-year rule has hurt many religious and political groups in Iran, but one community has borne an especially heavy burden: the Baha'is, a religious minority viewed as heretics by some Muslims. Hidden Fortune? ". It was taken by an organization that is controlled by the most powerful man in Iran: Supreme Leader Ayatollah Ali Khamenei. The suit was dismissed. As Iran's top cleric, he has the final say on all governmental matters. Ali Hosseini Khamenei was born in Mashhad, Iran in July 1939. Tehran has now turned to the remaining signatories, particularly the European powers - France, Germany and Britain - to salvage the deal. "These properties must be managed somehow. But Reuters has put together the fullest account yet of the organization's holdings. Several months ago the Iranian currency. That amount is roughly 40 percent bigger than the country's total oil exports last year. NEW HEIGHTS: A builder at work on a high rise in north Tehran in 2010. The Richest Person In Iran Was Just Executed After Being Convicted Of Embezzlement, Money Laundering And Bribery. In the past six years, it has morphed into a business juggernaut that now holds stakes in nearly every sector of Iranian industry, including finance, oil, telecommunications, the production of birth-control pills and even ostrich farming. Reghabi said his clients were responsible for paying the various fees, which were all "subject to negotiation" and could reach millions of dollars. You can also send us an email at investigations@thomsonreuters.com. Iranians whose properties have been seized by Setad, as well as lawyers who have handled such cases, dispute the argument that the organization is acting in the public interest. For the past five years, Setad has been trying to evict the tenants, including Katirai's son, producing court notices and threatening fines. The value of the rial has fallen by more than half since the beginning of last year as Iran. Setad officials have offered two justifications for their property activities: that the assets were acquired legitimately, and part of the profits go to charity. According to the news agency’s investigation, Setad has amassed a giant portfolio of real estate by claiming in Iranian courts, sometimes falsely, that the properties are abandoned. But, he wrote in the biography: "Those most likely to know estimate the Shah's fortune to be close to a billion dollars." ", "What has my family done to deserve this kind of treatment?" Where can I go? Around 1990, the property was given to Setad, which sold it at auction. There's the court order authorizing the takeover of her children's three Tehran apartments in a multi-story building the family had owned for years. (Additional reporting by Humeyra Pamuk in Ankara), Next, Part 2: National Champion: How Setad became a corporate giant. According to the lawyer, the son had no choice, and paid it. * An investment unit worth tens of billions of dollars. "The atmosphere there is not fair.". Washington has acknowledged Setad's importance. He can be reached at kliegman@freebeacon.com. There's the letter announcing the sale of one of the units. According to the son of one slain soldier, Bonyad Shahid (Martyrs Foundation) provided his and other families' accommodation, wages and household items. The required opening bids totaled about $88 million, based on the official exchange rate that month. Setad has amassed a giant portfolio of real estate by claiming in Iranian courts, sometimes falsely, that the properties are abandoned. REUTERS… '", CAPITAL VIEW: Setad has sold or managed hundreds of seized properties in Tehran, seen here in 2010. But he said no case was simple - the hurdles involved not only untangling a property's ownership and challenging decades-old court decrees, but also identifying and paying off people with connections to the key decision maker.
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